The digitisation of payments, changes in ecommerce and acceleration of mobile wallet adoption are global trends challenging the payment industry to keep pace. […]
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Tag: NPP
NPPA Update: Five million PayIDs registered in Australia
NPP Australia (NPPA) has revealed that 5 million PayIDs have now been registered by Australian consumers and businesses looking for a simple way to receive instant payments. […]
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2020 Pandemic: How might it change the ways we pay?
Guest writers, The Initiatives Group, offer their view. on how the ways consumers pay may change post the COVID-19 2020 pandemic. […]
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Insight: The changing face of consumer payments in Australia
Guest writer, David Oierholm, The Initiatives Group, sheds light on the changes and trends of consumer payments in Australia. The ways in which consumer payments in Australia are made is often likened to a train system comprised of the “rails” that carry the carriages (the payment systems), and the “carriages” that carry the passengers (the individual payments). The media will have us believe that the payments landscape in Australia is constantly and rapidly changing. To an extent this is correct – but this is all about new “carriages” rather than “rails”. […]
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NPP Roadmap Released (New Payments Platform)
NPP Australia (NPPA) has released the NPP roadmap which details its ongoing investment to extend the capability of the New Payments Platform. […]
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New Payments Platform (NPP) – Mandatory Compliance Regime
The NPPA looks to ensure quality and security for the New Payments Platform through the NPP Mandatory Compliance Framework.
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NPP Strategic Focus – The Road Ahead
Since the launch of the New Payments Platform (NPP) in early 2018, the payments industry has collectively made over 55 million accounts accessible to NPP payments, registered more than 2.8 million PayIDs and continue to make 500,000+ NPP transactions on a daily basis. In addition to the new payment stream gaining steady momentum, the NPPA will be sharpening their strategic focus for the near future on the back of critical findings commissioned by the RBA. […]
NPP Consent and Mandate Service – Direct Debits 2.0
The NPPA have been busily collaborating with NPP Participants to implement additional functionality on top of the standard NPP payment offering – Consent and Mandate Service (CMS). […]
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NPP Webinar | What’s in store for 2019? | May 1
Join us for our complimentary webinar, where we consider the changing landscape one year on from the launch of the New Payments Platform (NPP). […]
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The NPP turns 1 this week (New Payments Platform)
This week marks one year from the launch of the New Payments Platform (NPP) in Australia, and its first overlay service, Osko, which delivered the ability […]
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